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Euro up as US$ retreats and Fillon wins primary
Published Mon, Nov 28, 2016 · 09:50 PM
London
THE US dollar extended its losses on Monday, retreating from its highest levels since 2003 as US Treasury yields eased from recent peaks.
The greenback had surged more than 4 per cent against a basket of currencies in the wake of Donald Trump's shock victory in the US elections, with investors reckoning a Trump administration would see an expansion of fiscal policy, boosting inflation and pushing up interest rates.
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